Property Overview: 102 Wiltshire Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 102 Wiltshire Bay in the Maginot neighbourhood is a study in solid, middle-of-the-road metrics, offering a grounded opportunity without extreme highs or lows. Built in 1968, its 1,110 sqft living space and 3,029 sqft lot are consistently average or slightly above average for its immediate street and neighbourhood, suggesting it fits seamlessly into a stable, established area. Its appeal lies in this predictability and the value of a home that doesn't require catching up to area norms. The sold price history indicates significant appreciation between 2016 and 2023, pointing to the area's desirability.
This property would suit a pragmatic buyer—perhaps a first-time homeowner or downsizer—who prioritizes a known quantity over flashy potential. It’s for someone who sees value in a home that is statistically typical for Maginot, offering a manageable size and a lot that aligns with neighbourly standards. A thoughtful perspective here is that its "average" rankings are a strength, not a weakness; they indicate lower risk of over-improvement for the area and suggest maintenance costs and renovation scales are likely in line with local expectations. The city-wide comparisons, where it ranks lower for lot size and assessed value, highlight that this property offers a more compact, urban-lot lifestyle compared to broader Winnipeg averages, which may appeal to those seeking less yard maintenance.
Section 2: Frequently Asked Questions
1. What does it mean that the home’s metrics are "around average" for the street?
It means the home’s size, lot, and assessed value are very typical for Wiltshire Bay. You’re not buying the largest or smallest property on the block, which can be advantageous for consistent property values and understanding neighbourhood norms.
2. The assessed value seems low compared to the sold price. Why?
Municipal assessed value in Winnipeg is for tax purposes and often lags behind market value. The sold price range from 2023 is a more accurate reflection of its current market worth.
3. How does this home compare to others in Winnipeg overall?
City-wide data shows it sits on a smaller lot and has a lower assessed value than the Winnipeg average. This underscores that it’s a more urban-oriented property within a mature neighbourhood, not a sprawling suburban lot.
4. The home sold in 2016 and again in 2023. Is that a concern?
Not inherently. The sold history shows a clear increase in value over that seven-year period, which is a positive market indicator. The turnover could be due to many common life events.
5. How can I find out the exact sold price?
The exact sold prices are not publicly displayed in detail here. You can request them directly via the email button provided on the listing page; the service commits to providing the accurate figures without using your email for spam.